Health Wealth Matters

The Risky Saver: How to Cut Your Motorcycle Insurance Premium

Written by Graham McKenzie on December 15th, 2009

You are stuck in a traffic jam on the way to work. The traffic in front of you is barely moving. You’re probably going to be late, when ZOOM! A motorcycle flies by your car, weaving in between lanes while all the other vehicles sit patiently waiting for traffic to move.

Motorcycling is incredibly dangerous. You are traveling sometimes at a speed over 80 mph on two wheels, and nothing but a few pieces of metal to support you. There is no seat belt and some riders even neglect to use a helmet. No wonder why when a motorist gets into an accident, it is often fatal.

But for every irresponsible accident there are ten outstanding and safe motorcycle drivers. So no matter what you use a motorcycle for, there are ways to help keep your insurance premium down and still have a great time on that passion of yours.

Like a person who drivers a car, every motorcycle rider needs handled on an individual basis. Not all drivers are as dumb or crazy as other riders. The insurance industry understands that fact, and deals with motor bike riders on a case-by-case basis.

Some riders look to pass the test and receive their licenses and consequently are on the road wrecking havoc. But this is a guaranteed way to have a high premium. Touting experience when it comes to motorcycle riding is extremely important in the eyes of the insurance industry.

Insurance companies love to reward drivers who take the extra time to learn the safety and handle of a motorcycle. Motorists can prove their knowledge and safety by enrolling and successfully completing motorcycle training and safety courses.

Brokers will also analyze a motorcycle’s past driving record. If there is a pattern of speeding tickets, reckless driving, or accidents ? the company will be quick to pull the trigger. In fact, they might not even offer a quote. Nothing speaks louder than a clean past driving record. Brokers will reward that as well.

Premiums will also raise no matter how clean the driving record is or how much experience the driver features, due to the fact that bikes are easy to steal. They are out in the open and many thieves view them as cheap and easy snags. So unless you have a tracking device or other security features, an insurance provider is going to stay hesitant on your investment.

Motorcycle insurance is considered “high risk” and expensive, however with a few minor qualities, the quote can automatically drop and the premium stays much lower.

Graham McKenzie is the content Syndication Manager at insurance123.co.zaSouth Africa’s leading Motorcycle Insurance information portal

This entry was posted on Tuesday, December 15th, 2009 at 8:38 am and is filed under Insurance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.